virtual bank

Retail Asia02/04/2020

AirStar Bank has announced the launch of a pilot trial in Hong Kong, which will be conducted within the Hong Kong Monetary Authority’s Fintech Supervisory Sandbox. About 2,000 friends and families of the staff of Airstar, Xiaomi Hong Kong and AMTD Group will be onboarded to the virtual bank to gather user feedback and gauge requirements ahead of a full […]

Retail Asia27/12/2019

Hong Kong’s banking history enters a new chapter with the launch of its first virtual lender, ZA Bank. ZA Bank, co-owned by ZhongAn Online P&C Insurance and Sinolink Group, launched yesterday to become the first virtual bank to kickstart services in Hong Kong. According to its chief executive Rockson Hsu, the name «ZA» represents a reversal […]

Retail Asia12/11/2019

Hong Kong’s upcoming virtual banks are considering cash withdrawal capabilities for its customers through automatic teller machine giant Jetco. Under the terms of the newly issued virtual banking licenses, no physical branches are allowed to be made and a partnership would allow the digital lenders to sidestep the rule while still providing access to physical […]

Tag: virtual bank

Xiaomi-Backed Virtual Bank Announces Hong Kong Pilot

Hong Kong’s First Virtual Bank Launches

Hong Kong Virtual Banks Talk Linkage with ATM Giant Jetco